LIC MF Large & Mid Cap Fund Direct Growth

LIC MF Large & Mid Cap Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 19-11-2024

₹ 43.2

1%

1D

Inception Returns

16.2%

/yr

About LIC MF Large & Mid Cap Fund Direct Growth

LIC MF Large & Mid Cap Fund Direct Growth is an equity fund. This fund was started on 25 February, 2015. The fund is managed by Yogesh Patil. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. LIC MF Large & Mid Cap Fund Direct Growth has ₹3083 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

LIC MF Large & Mid Cap Fund Direct Growth has given a CAGR return of 16.22% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 37.40%, 16.71% and 20.67% respectively.

Holdings

LIC MF Large & Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Health, Tech, Consumer Defensive, Energy, Utilities, Communication, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Trent Ltd, Shakti Pumps (India) Ltd, Garware Hi-Tech Films Ltd

Taxation

As it is a large & mid-cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of LIC MF Large & Mid Cap Fund Direct Growth

To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of large cap and midcap companies.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Large & Mid Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
935 people have invested ₹ 52.9L in LIC MF Large & Mid Cap Fund Direct Growth in the last three months

INDmoney Rank for LIC MF Large & Mid Cap Fund Direct Growth

Powered by IND quant engine
12
/21
56% Performance
47% Risk Management
78% Cost
12 out of 21 among large & mid-cap
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Recovers losses quickly
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

LIC MF Large & Mid Cap Fund Direct Growth Overview

Expense ratio0.59%
Benchmark
S&P BSE 200 India TR INR
AUM₹3083 Cr
Inception Date25 February, 2015
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
46.39%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (19-Nov-24)

Period
LIC MF Large & Mid Cap Fund Direct Growth
NIFTY 500
large & mid-cap
1M
-4.4%
-6.1%
-6%
3M
-2.9%
-5.5%
-3.9%
6M
10.9%
4.1%
7%
1Y
37.4%
25.2%
31.1%
3Y
16.7%
12.9%
16.7%
5Y
20.7%
17.7%
20.9%

Fund Distribution

as on (31-Oct-24)

  • Equity 97.5%

  • Debt & Cash 2.5%

Large cap
40.8%

Mid cap
38.1%

Small cap
18.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
26.1%
Industrial
23.5%
Consumer Cyclical
18.5%
Basic Materials
10.5%
Health
5.5%
Tech
5.3%
Consumer Defensive
3.1%
Energy
2.8%
Utilities
2%
Communication
1.6%
Real Estate
1.1%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.66%
0.74%
1.56%
NIFTY 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -4.66% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed NIFTY 500 by 1.86% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.1K Cr
₹ 3.2K Cr
₹ 3.2K Cr
  • AUM of the fund stands at 3.1K Cr as of Oct'24
  • AUM decreased by 152.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Tata Power Co Ltd's allocation increased from 0.54% to 1.02%
Tata Power Co Ltd's allocation increased from 0.54% to 1.02%
Bharat Bijlee Ltd's allocation increased from 1.62% to 1.99%
Bharat Bijlee Ltd's allocation increased from 1.62% to 1.99%
Shakti Pumps (India) Ltd's allocation increased from 2.96% to 3.27%
Shakti Pumps (India) Ltd's allocation increased from 2.96% to 3.27%
Top Stocks sold last month
Trent Ltd's allocation decreased from 3.8 % to 3.57 %
Trent Ltd's allocation decreased from 3.8 % to 3.57 %
Shriram Finance Ltd's allocation decreased from 2.3 % to 2.11 %
Shriram Finance Ltd's allocation decreased from 2.3 % to 2.11 %
ZF Commercial Vehicle Control Systems India Ltd's allocation decreased from 2.15 % to 2.04 %
ZF Commercial Vehicle Control Systems India Ltd's allocation decreased from 2.15 % to 2.04 %
Large Cap allocation has gone down from 42% to 40.8%
Large Cap allocation has gone down from 42% to 40.8%
Small Cap allocation has gone up from 17.5% to 18.4%
Small Cap allocation has gone up from 17.5% to 18.4%
Mid Cap allocation has gone down from 39.1% to 38.1%
Mid Cap allocation has gone down from 39.1% to 38.1%
Cash allocation has gone up from 1.4% to 2.5%
Cash allocation has gone up from 1.4% to 2.5%

Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical

Oct'24
Financial Services
26%
Industrial
23%
Consumer Cyclical
19%
Sep'24
Financial Services
26%
Industrial
23%
Consumer Cyclical
19%
  • Gainers

  • Losers

Fund
Oct'24
Sep'24
Aug'24
No of Holdings
76
79
77
Top 5 Company Concentration
19.1%
18.4%
18.3%
Company having highest exposure
ICICI Bank Ltd (4.8%)
HDFC Bank Ltd (4.5%)
ICICI Bank Ltd (4.4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
84.1%
82.8%
84.4%
Sector having highest exposure
Financial Services (26.1%)
Financial Services (25.7%)
Financial Services (26.1%)
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Yogesh Patil
Yogesh Patil
Fund Manager of LIC MF Large & Mid Cap Fund Direct Growth, since 18 September 2020
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹27.84K Cr
as on 31-Oct-2024
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

Mutual Fund Insights

Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 26.78% return, outperforming this fund by 6.11% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 4.7% drop in AUM moving from 3.23K Cr to 3.08K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.2%.
Insights icon
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 25.16% return, outperforming this fund by 8.46% per annum.
Insights icon
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 47.74% return, outperforming this fund by 10.34%.
Insights icon
Over the last 6 months, this fund has increased expense ratio by 28.3% moving from 0.46 to 0.59.

LIC MF Large & Mid Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 16.22% since inception which is more than its category average return of 15.9%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.46% in Equity, 0% in Debt and 2.54% in Cash related instruments
AUM size ₹3083 Cr

AUM size ₹3083 Cr

This fund has AUM of ₹3083 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for LIC MF Large & Mid Cap Fund Direct Growth

The current NAV of LIC MF Large & Mid Cap Fund Direct Growth is ₹43.2 as on 19-Nov-2024.
Existing (Absolute + CAGR) as on 19-Nov-2024.
LIC MF Large & Mid Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-4.45%
-4.45%
6 Month Returns
10.86%
10.86%
1 Year Returns
37.4%
37.4%
3 Years Returns
58.95%
16.71%
5 Years Returns
155.9%
20.67%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.59% as on October 2024
₹3083 Cr as on October 2024
ICICI Bank Ltd(4.8%), HDFC Bank Ltd(4.76%), Trent Ltd(3.57%), Shakti Pumps (India) Ltd(3.27%), Garware Hi-Tech Films Ltd(2.67%) as on October 2024
Financial Services(25.45%), Industrial(22.86%), Consumer Cyclical(18.04%) as on October 2024
The alpha ratio for the LIC MF Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
LIC MF Large & Mid Cap Fund Direct Growth
7.59
0.95
0.52
As on October 2024
The alpha for LIC MF Large & Mid Cap Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the LIC MF Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
LIC MF Large & Mid Cap Fund Direct Growth
0.95
0.91
0.89
As on October 2024
The Beta for LIC MF Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the LIC MF Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
LIC MF Large & Mid Cap Fund Direct Growth
2.36
0.87
0.89
As on October 2024
The sharpe ratio for LIC MF Large & Mid Cap Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the LIC MF Large & Mid Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
LIC MF Large & Mid Cap Fund Direct Growth
14.2
13.63
18.18
As on October 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.67 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Yogesh Patil is the fund manager of LIC MF Large & Mid Cap Fund Direct Growth
The Exit load of LIC MF Large & Mid Cap Fund Direct Growth is 1%